By Own Correspondent- A fortune 500 company with interests in aviation, healthcare, power, renewable energy, digital industry, additive manufacturing, venture capital and finance, lighting, and oil, gas has been reported by the Sunday Mail to be scouting for Investment opportunities in Zimbabwe.

General Electric’s gross revenue amounts to a little over 121 Billion dollars and has been said to be dispatching a team to come to Zimbabwe next month. Said The Sunday Mail:

General Electric (GE) will dispatch a high-level team to Zimbabwe next month as the United States’ industrial behemoth scouts for investment opportunities in the country. A three-man team from the group’s Southern Africa regional office is expected in Zimbabwe for a series of meetings with Government to explore possible areas of cooperation. GE has expressed interest in energy, rail services, aviation and healthcare sectors.

The executive that spoke to the publication was quoted saying:

Discussions are ongoing with various Government ministries, including the Ministries of Health and the Ministry of Energy. We are not yet at a stage where we can talk about specific projects as discussions are still taking place, but we are hopeful that the projects we are looking at can be announced soon.

This comes at a time when Zimbabwe is trying to attract foreign direct investments to boost the ailing economy. Despite signing Mega-deals in the first few months after his 1st inauguration, President Mnangagwa has not managed to attract the much needed FDI.-StateMedia